BAC.MX - Bank of America Corporation

Mexico - Mexico Delayed Price. Currency in MXN
590.95
+5.65 (+0.97%)
At close: 2:27PM CDT
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Previous Close585.30
Open0.00
Bid0.00 x 1500000
Ask0.00 x 1500000
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume22,127
Market Cap5.904T
Beta-0.40
PE Ratio (TTM)310.37
EPS (TTM)1.90
Earnings DateN/A
Forward Dividend & Yield11.60 (2.03%)
Ex-Dividend Date2018-09-06
1y Target EstN/A
  • Bloomberg11 hours ago

    As BofA Gets Gun-Shy on Risk, Some Executives Head for the Door

    Leadership changes are starting to ripple through Bank of America Corp.’s investment bank as disagreements over risk-taking and a struggle to keep pace with competitors spur high-level departures. On Wednesday, Christian Meissner said he’s stepping down as head of the corporate and investment-banking division he led through the tumultuous years after the financial crisis. More executives may follow Meissner’s lead, they said.

  • 8 Long-Term Investments to Give Your Grandchildren
    InvestorPlace12 hours ago

    8 Long-Term Investments to Give Your Grandchildren

    Sensible investors years ago could have chosen market leaders like Polaroid, General Motors (NYSE:GM), Sears (NASDAQ:SHLD), and myriad other ‘safe’, seemingly dominant stocks that would go on to stumble badly — or even go bankrupt. It’s far from guaranteed, however, that even torrid growth will produce much in the way of long-term returns relative to the stocks’ current prices.

  • Reuters14 hours ago

    Bank of America corporate investment banking chief to depart

    Bank of America Corp Global Corporate and Investment Banking head Christian Meissner is leaving the bank at the end of the year, according to an internal memo seen by Reuters. Meissner will be replaced ...

  • Investopedia14 hours ago

    Why Big Bank Stocks Are Ready To Rebound

    Bank stocks have had a rough 2018 so far, but Oppenheimer is expecting strong third quarter earnings reports to spark an upsurge in their share prices, Barron's reports. Banks’ earnings fundamentals are "more solid than any time in the 33 years we have been covering the space, but the perception that the earnings power of these companies is fragile persists," writes Chris Kotowski, senior analyst for large cap banks and brokerage firms at Oppenheimer, as quoted by Barron's. He adds that capital levels are high and loan delinquencies are low, on "altogether better planes than they have ever been before." Another positive is good expense control, with bank expenses up only about 2%, Barron's adds. The KBW Nasdaq Bank Index is trailing the S&P 500 Index (SPX) by a wide margin year-to-date, as are 5 of the 6 largest U.S. banks, Bank of America Corp. ( BAC), Citigroup Inc. ( C), Goldman Sachs Group Inc. ( GS), Morgan Stanley ( MS) and Wells Fargo & Co. ( WFC).

  • Bank of America's local market president talks expansion efforts in Twin Cities
    American City Business Journals15 hours ago

    Bank of America's local market president talks expansion efforts in Twin Cities

    Bank of America Corp. has made substantial inroads into the Twin Cities market as of late after shying away from the area for decades. In 2015, the bank says it was the 80th-largest bank in the Twin Cities based on metro-area deposits. Over roughly the past five years, the bank has built up its local infrastructure and is deploying technology like few, if any, other financial institutions.

  • GuruFocus.com16 hours ago

    Why Bank of America Is Up 2.21% Since Monday

    Shares of Bank of America Corp. (BAC), a multinational investment bank and financial services company, are up over 2.2% since Monday, Sept. 17. Treasury yields rose on Wednesday, pushing bank stocks higher, helped by positive housing data. Benchmark 10-year U.S. Treasury yields rose above the 3% mark on Tuesday, and the benchmark rose to its highest level in four months on Wednesday.

  • BofA (BAC) Charged With $30M for Interest Rate Manipulation
    Zacks18 hours ago

    BofA (BAC) Charged With $30M for Interest Rate Manipulation

    BofA (BAC) to pay $30 million to the CFTC for attempting to manipulate benchmark interest rates from 2007 to 2012.

  • The Wall Street Journal18 hours ago

    [$$] Stocks to Watch: Comcast, Tilray, Facebook, Amazon.com, Bank of America, JPMorgan Chase, Red Hat, Darden Restaurants, Herman Miller

    Here are some of the companies with shares expected to trade actively in Thursday’s session. Check back closer to the market open for an updated list. Comcast Corp.—Up 0.3%: British regulators said Comcast and Fox will settle their takeover battle for Sky via an auction starting Friday, a dramatic climax to a lengthy sale process involving some of the world’s biggest media companies.

  • See what the IHS Markit Score report has to say about Bank of America Corp.
    Markit20 hours ago

    See what the IHS Markit Score report has to say about Bank of America Corp.

    Bank of America Corp NYSE:BAC

  • The Wall Street Journalyesterday

    [$$] Bank of America Corporate, Investment Banking Chief Christian Meissner to Depart

    Bank of America Corp. corporate and investment banking head Christian Meissner is leaving the bank, according to an internal memo reviewed by The Wall Street Journal. Mr. Meissner was largely responsible for reshaping the unit following Bank of America’s financial-crisis merger with Merrill Lynch & Co. Mr. Meissner is expected to be replaced by Matthew Koder, who is currently the bank’s Asia-Pacific president, and stay until the end of the year, the memo said.

  • The Wall Street Journalyesterday

    [$$] Bank of America to Pay $30 Million in Benchmark-Manipulation Settlement

    Bank of America Corp. will pay $30 million as part of a settlement with the Commodity Futures Trading Commission related to charges that the bank tried to manipulate a benchmark for interest-rate products over a span of six years. The CFTC said Wednesday that Bank of America tried to manipulate the U.S. Dollar International Swaps and Derivatives Association Fix, or ISDAfix, to help its own derivatives positions. Bank of America traders, according to the futures regulator, attempted to manipulate rates to benefit specific trading positions and influence reference rates and spreads ahead of the time the final rates were published.

  • BofA ordered to pay $30M to federal regulators over charges of interest-rate manipulation
    American City Business Journalsyesterday

    BofA ordered to pay $30M to federal regulators over charges of interest-rate manipulation

    Bank of America Corp. was ordered to pay $30 million in civil penalties on Wednesday for allegations of interest-rate manipulation, according to a press release from the Commodity Futures Trading Commission.

  • How a 22-year-old S.F. entrepreneur outsmarted the credit card industry
    American City Business Journalsyesterday

    How a 22-year-old S.F. entrepreneur outsmarted the credit card industry

    One of the latest fintechs in Silicon Valley is based on a simple idea that appears to have been overlooked by the nation's largest credit card issuers: Focus on the caliber of a startup's VC and angel investors in issuing a corporate credit card.

  • Investing.comyesterday

    Bank of America Rises 3.06%

    Investing.com - Bank of America (NYSE:BAC) rose by 3.06% to trade at $31.14 by 14:13 (18:13 GMT) on Wednesday on the NYSE exchange.

  • Rumor: BOA may move into SunTrust Center in downtown Orlando
    American City Business Journalsyesterday

    Rumor: BOA may move into SunTrust Center in downtown Orlando

    One of Orlando’s biggest real estate questions — who will backfill 125,000 square feet of space in what is arguably downtown’s most iconic office building — continues to generate speculation inside real estate circles throughout Central Florida.  But real estate sources say one company has emerged as a likely contender: Charlotte, N.C.-based Bank of America (NYSE: BAC).  It would be a major move for the bank, located inside its eponymous Bank of America Center at 390 N. Orange Ave., to enter the 30-story SunTrust Center, the region's largest multitenant office building. No new tenants have been announced to backfill the space in the SunTrust Center, as Atlanta-based SunTrust Banks Inc. (NYSE: STI) is moving its Orlando headquarters in August 2019 into the $125 million, 28-story SunTrust Plaza at Church Street Station being built by Lincoln Property Co. Bank of America could not immediately be reached for comment for this story, and Jay Dixon, who handles leasing at Bank of America Center and works for CBRE Group Inc. (NYSE: CBRE), declined to comment.

  • 5 Top Stock Trades for Thursday — Trading FANG Stocks and Tilray
    InvestorPlaceyesterday

    5 Top Stock Trades for Thursday — Trading FANG Stocks and Tilray

    Tech was a bit sleepy on Wednesday, but overall the U.S. stock market continued to push higher on the day. Unfortunately we won’t know if Facebook has bottomed until we’re looking back at the charts in hindsight.

  • 6 Big Bank Stocks Leading the Breakout
    InvestorPlaceyesterday

    6 Big Bank Stocks Leading the Breakout

    Here are six big bank stocks that are leading the way higher and looking ready for new money, especially with a bout of recent weakness creating an attractive entry point. Bank of America (NYSE:BAC) shares are bouncing strongly off of their 200-day moving average, setting the stage for a breakout above a three-month consolidation range ahead of a possible push to the record highs set in March. When the company last reported on July 16, earnings of 63 cents per share beat estimates by 6 cents on a 0.9% decline in revenues helped by tax reform impacts.

  • Banking Roundup: JPMorgan facing bribery allegations…Visa, Mastercard settle suit for $6.2B
    American City Business Journals2 days ago

    Banking Roundup: JPMorgan facing bribery allegations…Visa, Mastercard settle suit for $6.2B

    The nation’s largest banks — such as JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley — have operations around the country. Here are other recent stories reported by The Business Journals and other media outlets.

  • Bank of America to pay $30 million 'manipulation' penalty: CFTC
    Reuters2 days ago

    Bank of America to pay $30 million 'manipulation' penalty: CFTC

    U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark. The Commodity Futures Trading Commission said in a statement that Bank of America from January 2007 through December 2012 made false reports and attempted to manipulate the U.S. Dollar International Swaps and Derivatives Association Fix, a leading global benchmark. Bank of America spokesman Bill Halldin said the bank has "significantly enhanced" the procedures it uses to detect inappropriate behavior.

  • Bank of America to pay $30 million 'manipulation' penalty: CFTC
    Reuters2 days ago

    Bank of America to pay $30 million 'manipulation' penalty: CFTC

    U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark. The Commodity Futures Trading Commission ...

  • InvestorPlace2 days ago

    Safely Trade Bank of America Stock in These Uncertain Times

    For most of 2018, the stock markets have been suffering from a slew of headlines about global tariff wars. Bank stocks in general have been under pressure though. Bank of America (NYSE:BAC) stock is only up 4% for the year, but it’s not alone.

  • CNBC2 days ago

    Goldman shares rise as rivals line up to take stakes in bank's 'Simon' investing app

    The Wall Street firm has been mulling a spinoff of the app, called Simon, which it developed as a way to sell bond-like investment products to retail investors through brokers.

  • BofA to Divest Alternative Investment Feeder Funds Business
    Zacks2 days ago

    BofA to Divest Alternative Investment Feeder Funds Business

    In sync with its plans to focus on core operations and improve efficiency, BofA (BAC) is selling alternative investment feeder funds.

  • BofA to Sell Alternative Operations With $20 Billion to ICapital
    Bloomberg3 days ago

    BofA to Sell Alternative Operations With $20 Billion to ICapital

    Bank of America Corp. agreed to sell businesses that administer alternative investment feeder funds to iCapital Network, a financial-technology firm led by a former Goldman Sachs Group Inc. banker. The operations for feeder funds, which pool client money to invest in hedge funds and private equity, handle about $20 billion in client holdings, boosting the assets on iCapital’s platform by more than four times, iCapital Network said Tuesday in a statement. Bank of America Chief Executive Officer Brian Moynihan has worked to streamline the bank since the financial crisis, and the iCapital deal will help it further simplify operations.

  • Business Wire3 days ago

    Bank of America Declares Preferred Stock Dividends

    Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p